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Calculate the Free Cash Flows for UnderArmour for 2013 from the Excel file provided below - show your calculations. UnderArmour, Inc Consolidated Statements of Income

Calculate the Free Cash Flows for UnderArmour for 2013 from the Excel file provided below - show your calculations.

UnderArmour, Inc
Consolidated Statements of Income (USD $) 12 Months Ended
In Thousands, except Per Share data, unless otherwise specified Dec. 31, 2013 Dec. 31, 2012 Dec. 31, 2011
Income Statement [Abstract] ' ' '
Net revenues $2,332,051 $1,834,921 $1,472,684
Cost of goods sold 1,195,381 955,624 759,848
Gross profit 1,136,670 879,297 712,836
Selling, general and administrative expenses 871,572 670,602 550,069
Income from operations 265,098 208,695 162,767
Interest expense, net -2,933 -5,183 -3,841
Other expense, net -1,172 -73 -2,064
Income before income taxes 260,993 203,439 156,862
Provision for income taxes 98,663 74,661 59,943
Net income $162,330 $128,778 $96,919
Net income available per common share ' ' '
Basic (USD Per Share) $1.54 $1.23 $0.94
Diluted (USD Per Share) $1.50 $1.21 $0.92
Weighted average common shares outstanding ' ' '
Basic (In Shares) 105,348 104,343 103,140
Diluted (In Shares) 107,979 106,380 105,052
Consolidated Balance Sheets (USD $) Dec. 31, 2013 Dec. 31, 2012
In Thousands, unless otherwise specified
Assets ' '
Cash and cash equivalents $347,489 $341,841
Accounts receivable, net 209,952 175,524
Inventories 469,006 319,286
Prepaid expenses and other current assets 63,987 43,896
Deferred income taxes 38,377 23,051
Total current assets 1,128,811 903,598
Property and equipment, net 223,952 180,850
Goodwill 122,244 0
Intangible assets, net 24,097 4,483
Deferred income taxes 31,094 22,606
Other long term assets 47,543 45,546
Total assets 1,577,741 1,157,083
Liabilities and Stockholdersb Equity ' '
Revolving credit facility 100,000 0
Accounts payable 165,456 143,689
Accrued expenses 133,729 85,077
Current maturities of long term debt 4,972 9,132
Other current liabilities 22,473 14,330
Total current liabilities 426,630 252,228
Long term debt, net of current maturities 47,951 52,757
Other long term liabilities 49,806 35,176
Total liabilities 524,387 340,161
Commitments and contingencies (see Note 7) ' '
Stockholdersb equity ' '
Additional paid-in capital 397,283 321,338
Retained earnings 653,842 493,181
Accumulated other comprehensive income 2,194 2,368
Total stockholdersb equity 1,053,354 816,922
Total liabilities and stockholdersb equity 1,577,741 1,157,083
Class A Common Stock ' '
Stockholdersb equity ' '
Common Stock 28 28
Total stockholdersb equity 28 28
Class B Convertible Common Stock ' '
Stockholdersb equity ' '
Common Stock 7 7
Total stockholdersb equity $7 $7
Consolidated Statements of Cash Flows (USD $) 12 Months Ended
In Thousands, unless otherwise specified Dec. 31, 2013 Dec. 31, 2012 Dec. 31, 2011
Cash flows from operating activities ' ' '
Net income $162,330 $128,778 $96,919
Adjustments to reconcile net income to net cash provided by operating activities ' ' '
Depreciation and amortization 50,549 43,082 36,301
Unrealized foreign currency exchange rate (gains) losses 1,905 -2,464 4,027
Loss on disposal of property and equipment 332 524 36
Stock-based compensation 43,184 19,845 18,063
Gain on bargain purchase of corporate headquarters (excludes transaction costs of $1.9 million) 0 0 -3,300
Deferred income taxes -18,832 -12,973 3,620
Changes in reserves and allowances 13,945 13,916 5,536
Changes in operating assets and liabilities, net of effects of acquisitions: ' ' '
Accounts receivable -35,960 -53,433 -33,923
Inventories -156,900 4,699 -114,646
Prepaid expenses and other assets -19,049 -4,060 -42,633
Accounts payable 14,642 35,370 17,209
Accrued expenses and other liabilities 56,481 21,966 23,442
Income taxes payable and receivable 7,443 4,511 4,567
Net cash provided by operating activities 120,070 199,761 15,218
Cash flows from investing activities ' ' '
Purchases of property and equipment -87,830 -50,650 -56,228
Purchases of businesses, net of cash acquired -148,097 0 -23,164
Purchases of other assets -475 -1,310 -1,153
Purchase of long term investment 0 0 -3,862
Change in loans receivable -1,700 0 0
Change in restricted cash 0 5,029 -5,029
Net cash used in investing activities -238,102 -46,931 -89,436
Cash flows from financing activities ' ' '
Proceeds from revolving credit facility 100,000 0 30,000
Payments on revolving credit facility 0 0 30,000
Proceeds from term loan 0 0 25,000
Payments on term loan 0 -25,000 0
Proceeds from long term debt 0 50,000 5,644
Payments on long term debt -5,471 -44,330 -7,418
Excess tax benefits from stock-based compensation arrangements 17,167 17,868 10,260
Proceeds from exercise of stock options and other stock issuances 15,099 14,776 14,645
Payments of debt financing costs 0 -1,017 -2,324
Net cash provided by financing activities 126,795 12,297 45,807
Effect of exchange rate changes on cash and cash equivalents -3,115 1,330 -75
Net increase in cash and cash equivalents 5,648 166,457 -28,486
Cash and cash equivalents ' ' '
Beginning of period 341,841 175,384 203,870
End of period 347,489 341,841 175,384
Debt assumed and property and equipment acquired in connection with purchase of corporate headquarters 0 0 38,556
Increase in accrual for property and equipment 3,786 12,137 157
Cash paid for income taxes 85,570 57,739 56,940
Cash paid for interest $1,505 $3,306 $2,305

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